@EK
bitmessage:I resent message to @Lannister. I'll resend it again before bed time today.
fee:I think it could be hard to us to write something that will calibrate the fee. Bitcoin devs trying to figure out dynamic fee for years without success. Someone know any altcoin that was trying to implement dynamic fee? For now, best here would be some default setting in nxt-default.properties.
i.e.
minimumTransactionFee = 0.01; // transactions with fee below this value would not be included in block by this forger
For now it's easiest and fastest solution for us and after you would implement this you could spent your time for other usefull things.
Forgers watching market price and when XEL goes up they lowering their fee, when goes down they rising their fee. Moreover it's a good competition mechanism for forgers.
bounty submission cost:We can implement here the same mechanism as fee. Someone who want to put work to the network will fill input how much he want to pay for one bounty submission.
And miners in their settings can determine how much they want for one bounty submission and don't mine anything that is below certain amount.
Of course problem here is that bounty submission from one work != bounty submission from another job (i.e. first one took 1min to get solution, second one took 1hour)
But here could be a condition:
if( priceForSubmission < 0.01 && myMinerWorkingTime > 1min ) {
stopWorkingOnThisJob;
addThisJobToBlacklistToPreventStartingItAgain;
} else if ( priceForSubmission < 0.1 && myMinerWorkingTime > 10min ) {
stopWorkingOnThisJob;
addThisJobToBlacklistToPreventStartingItAgain;
} else if ( priceForSubmission < 1 && myMinerWorkingTime > 100min ) {
stopWorkingOnThisJob;
addThisJobToBlacklistToPreventStartingItAgain;
} ...
We could then add to the miner config settings like:
miminumPriceFor1minOfWorking: 0.01
miminumPriceFor10minOfWorking: 0.1
miminumPriceFor100minOfWorking: 1
...
As soon as I realized this project could happen, could work and could be really something different I loved it so yea, thanks for kind words and especially thanks for big heart and time you put to it. I didn't donated much back then but I hope there will be low price buying at the beginning of XEL trade.
